Branding Retirement Communities
Retirement communities have been springing up across the U.S. for the past two decades.
NEW THINKING
Retirement communities have been springing up across the U.S. for the past two decades.
Building brands a hundred years ago was hard work. Back then, consumers were uncomfortable with the idea of identifying with products and companies.
The first year of study for a PhD in Marketing is a confusing affair. I vividly remember long days spent at Lancaster trying to decode the journals of marketing with the creeping sensation that I may have bitten off more than I could chew. The first theoretical model I fully understood was the Hierarchy of Effects.
The most compelling brands connect with consumers at an emotional level. Their benefits are often experiential, emotional or self-expressive. Certain types of research can help marketers understand which benefits will have the greatest emotional impact.
The press is abuzz with stories about big companies moving dollars out of traditional advertising media and into product placements and other newer marketing methods.